PS Contract Analyst-IL

PS Contract Analyst-IL
• Provide day-to-day Procurement contract administration support
• Draft, prepare, review and redline contract documents in accordance with established company policies and procedures designed to minimize potential exposure while maximizing benefits.
• Direct supplier negotiations with third party suppliers for goods and services, negotiating contract terms and conditions (T&C) for complex agreements, master services agreements (MSA) and statements of work (SOW), in collaboration with Procurement category teams, HCSC business areas, Legal, Privacy, Information Security and other key partners
• Use critical thinking to process and organize facts, data and other information to define problems and develop effective solutions
• Understand and interpret basic legal and contractual concept and effectively communicate the importance and intent of all required terms and conditions to both internal and external stakeholders
• Exercise good judgment of selecting best contracting structure, methods, techniques and evaluation criteria for obtaining results
• Facilitate negotiations of contracts belonging to HCSC internal stakeholders (e.g. Information Security, Privacy Office, etc.)
• Act as the key point of contact and communication between Legal, Procurement leadership, and business teams as well as the vendor concerning status and resolution of escalated contract issues and disputes that cannot be independently resolved.
• Development, maintenance and enforcement of contract templates and supporting the overall contract administration function
• Research and resolve contract disputes and engage in issue resolution
• Serve as a subject matter expert in procurement and contracting to support category teams in a consultative fashion
• Partner with Procurement category teams in the development of RFP materials by providing recommending T&Cs or contractual documents for inclusion, ensuring problematic provisions are introduced to business leaders as key focal points of internal consideration when determining awards.

Required Qualifications
• Bachelors Degree in Supply Chain Management, Business Administration or related field or 8 years of equivalent experience
• 4-8 years of experience working in a contracts support environment with demonstrated procurement contract experience
• Proficient at reading, interpreting, drafting and negotiating contract terms and conditions
• Strong negotiating skills
• Strong critical thinking skills
• Ability to effectively communicate complex information to others both verbally and in writing with the appropriate level of detail or summarization
• Advanced knowledge of strategic sourcing concepts and methodologies
• Work independently with minimal oversight
• Proficient in the use of Microsoft Office Suite, especially Word (redlines/track changes), PowerPoint

Preferred Qualifications
• JD preferred
• Advanced degree and/or other related (contract or procurement) training or certification
• Advanced writing skills in drafting contract language
• Experience with Zycus and Oracle
• Understanding of healthcare industry and regulatory bodies